CONTACT_IT_SOLUTIONS_LIMI - Accounts
CONTACT_IT_SOLUTIONS_LIMI - Accounts
Company Registration No. 06948650 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2015
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(118,254 )
(106,361 )
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
(20,238 )
-
110,144
60,794
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2015
- 2 -
Directors' responsibilities:
-
-
Approved by the Board for issue on 2 March 2016
Director
Director
Company Registration No. 06948650
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Goodwill
1.5
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
Motor vehicles
1.6
Stock
Stock is valued at the lower of cost and net realisable value.
1.7
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2015
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 August 2014
8,681
Additions
-
24,711
At 31 July 2015
33,392
Depreciation
At 1 August 2014
3,650
Charge for the year
7,625
At 31 July 2015
11,275
Net book value
At 31 July 2015
22,117
At 31 July 2014
5,031
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid